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Sharing Economy: Challenges and Opportunities in Tourism

Author

Listed:
  • Cristian Bogdan Onete

    (The Bucharest University of Economic Studies, Romania)

  • Doru Plesea

    (The Bucharest University of Economic Studies, Romania)

  • Sonia Budz

    (The Bucharest University of Economic Studies, Romania)

Abstract

In the last decades, our society and the economy have undergone great changes that led to the emergence of new economic models. These models emerged in the developed countries. Subsequently, the informational revolution has expanded across the globe, and contributed to the development of these new models. The sharing economy is one of them. Through technology and the internet, tools that provide instant access to information from anywhere in the world, the collaborative economy expands and grows continuously. This allows for easier interaction between people of all categories. The aim of this paper is to highlight the challenges, opportunities and benefits brought by the sharing economy regarding the national and international tourism, as well as to find out to what extent is the availability, accessibility, consumer and stakeholders’ degree of acceptance towards the current technological infrastructure. The paper contains the analysis of a study case regarding the Airbnb business model, company that has been involved in the economic transition of the last years and contributed to the emergence of the sharing economy. As well, the article contains a study of collected data with regards to the distributed spaces on the company’s site from 5 Romanian cities, and 5 European cities, in a certain period, statistical data regarding the online bookings made in member countries of the European Union, and data about the accommodation units in Romania, the number of overnight stays and arrivals. This research is useful for all individuals or legal entities involved in the tourism field in order to acknowledge in what way and to what extent the accommodation units in Romania are evaluated and rated. Moreover, the possible options for touristic improvement and development through the sharing economy, in terms of quality, technological infrastructure and approach are evaluated. We consider that it is important how the sharing economy impacts and influences Romania to a lesser extent, and what repercussions or changes will occur in the future.

Suggested Citation

  • Cristian Bogdan Onete & Doru Plesea & Sonia Budz, 2018. "Sharing Economy: Challenges and Opportunities in Tourism," The AMFITEATRU ECONOMIC journal, Academy of Economic Studies - Bucharest, Romania, vol. 20(S12), pages 998-998, November.
    • Handle: RePEc:aes:amfeco:v:20:y:2018:i:s12:p:998
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    References listed on IDEAS

    as
    1. Belk, Russell, 2014. "You are what you can access: Sharing and collaborative consumption online," Journal of Business Research, Elsevier, vol. 67(8), pages 1595-1600.
    2. Vasja Roblek & Zlatka Meško Štok & Maja Meško, 2016. "Complexity of a sharing economy for tourism and hospitality," Tourism and Hospitality Industry 28, University of Rijeka, Faculty of Tourism and Hospitality Management.
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    Cited by:

    1. Alina Petronela Pricope Vancia & Codruța Adina Băltescu & Gabriel Brătucu & Alina Simona Tecău & Ioana Bianca Chițu & Liliana Duguleană, 2023. "Examining the Disruptive Potential of Generation Z Tourists on the Travel Industry in the Digital Age," Sustainability, MDPI, vol. 15(11), pages 1-19, May.
    2. Aurelija Burinskienė & Edita Leonavičienė & Virginija Grybaitė & Olga Lingaitienė & Juozas Merkevičius, 2021. "Core Elements Affecting Sharing: Evidence from the United States," Sustainability, MDPI, vol. 13(7), pages 1-14, April.
    3. Dalia Perkumienė & Milita Vienažindienė & Biruta Švagždienė, 2021. "The Sharing Economy towards Sustainable Tourism: An Example of an Online Transport-sharing Platform," Sustainability, MDPI, vol. 13(19), pages 1-18, October.
    4. Govindan, Kannan & Shankar, K. Madan & Kannan, Devika, 2020. "Achieving sustainable development goals through identifying and analyzing barriers to industrial sharing economy: A framework development," International Journal of Production Economics, Elsevier, vol. 227(C).

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    More about this item

    Keywords

    tourism; sharing economy; platforms; accommodation units; Internet; quality.;
    All these keywords.

    JEL classification:

    • Z32 - Other Special Topics - - Tourism Economics - - - Tourism and Development
    • O32 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Management of Technological Innovation and R&D

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